Page 109 - Chinese International Airmail to 1949
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3.4 Uniform Overseas Air Mail Rates in Silver $
The Chinese economy was still subject to hyperinflation, forcing another currency revaluation in April 1949. The
new currency called Silver Dollars was introduced with an effective exchange rate of 1 Silver $ = 4,000,000 Gold $.
Old adhesives were valid at this exchange rate.
The Post Office quoted rates in the new currency from 29 April 1949. All prices in the table below are in Silver $.
Despite the revaluation, inflation continued and rate changes had to be made rapidly. The Silver $ currency was still
in place when the People’s Republic of China was declared on 1 October 1949.
Ref Effective Date Days Surf 20g Surf+20g Air / 10g Single Regn Fee
UOR 23 29 Apr 1949 67 0.10 0.06 0.30 0.40 0.20
UOR 24 5 Jul 1949 136 0.15 0.10 0.40 0.55 0.20
The routes flown remained as before: mail to the Americas went via FAM 28 from Shanghai, mail to Europe was
carried by BOAC or Air France from Hong Kong, and mail for Australasia went by BOAC/QANTAS via Hong Kong.
3.4.1 Silver $ Rate UOR 23: 29 Apr 1949 to 4 Jul 1949 (67 days).
Surface first 20g $0.10 Air per 10g $0.30. Gold Dollar stamps were accepted at a rate of 4,000,000 to 1.
18 May 1949 ‑ Shanghai to Holte, Denmark. No postal markings on front.
Single rate letter $0.10 + $0.30 = $0.40.
